I do not like to word Flip but I hate Flop most.  The Flip word seems to be a slang word attached to properties that real estate investors purchase to make a living.  Most real estate investors do a good job in putting properties back on the tax rolls in addition to providing a home for the purchasers of the property. 

Almost all real estate agents purchase a property at some point in their business life with the goal of making a profit.  Making money seems to be the point of working long and hard hours as investors and agents seek to be successful in the real estate world.  Very few times does it become a Flop instead of a Flip.  Most of the time a Flop is because the workmanship is not good or failure to correct some very bad physical problem with the property.

Investors or agents sometime get into the very basic mistake of spending their profit right out the window. You know the game "OH thats  just a hundred dollars." If you have a budget and it will provide a property that can be sold within a reasonable time frame for a fair price do not keep adding that special treatment or appliance when it is not needed to sell the property.    

Do you have a better name than FLIP if so comment.